IHS Chemical Week

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August 5, 2015
Sabic has shelved a project to build a world-scale acrylonitrile complex at Al Jubail because of escalating costs, according to press reports. The facility, first announced in 2011...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acrylonitrile/Sabic-and-partners-shelve-acrylonitrile-project_72716.html
August 5, 2015
Huntsman says 12 people were injured by an explosion at its white pigment factory in Uerdingen, Germany, at 2 pm local time on 5 August. Seven of the injured are being treated in a hospital, says the company. Local news reports say a nitrogen tank exploded, collapsing part of a building. There was no fire....
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/titanium_dioxide/Explosion-at-Huntsmans-Uerdingen-facility-injures-12_72779.html
August 5, 2015
Propylene stock movements were mixed in the week ended 31 July, according to data released by the Energy Information Administration (EIA). Propane/propylene stocks were at 90.4 million...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Propylene-stock-movements-mixed-in-US-during-final-week-of-July_72767.html
August 5, 2015
Europe's ortho-xylene (o-xylene) contract price has settled for August at €800/m.t. ($869.50), €20/m.t. lower than the July settlement. August's figure marks the first...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/orthoxylene/Europe-o-xylene-contract-settles-lower-for-August_72764.html
August 4, 2015
African Potash (London), the AIM-listed exploration company focused on sub-Saharan potash assets, has entered into a trading agreement with the Common Market for Eastern and Southern...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/African-Potash-signs-landmark-trading-agreement-with-Comesa_72719.html
August 4, 2015
Proposed regulations that would disqualify master limited partnerships (MLPs) based on the steam-cracking of natural gas liquids (NGLs) mistakenly focus on the output of the process, rather than input, according to comments submitted to the IRS by Enterprise Products Partners (Houston)....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Enterprise-says-proposed-MLP-regulations-mistakenly-focus-on-products_72744.html
August 4, 2015
Star Refrigeration (Glasgow, UK) has upgraded a 35-year-old refrigeration plant at Sabic’s Wilton, UK, butadiene unit. The project brought Sabic's Wilton petrochemical complex...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/Refrigeration-unit-upgrade-completed-at-Sabic-butadiene-plant-in-UK_72735.html
August 4, 2015
PTT Global Chemical (PTTGC; Bangkok), Thailand’s largest and one of Asia’s largest chemicals players, on Tuesday informed The Stock Exchange of Thailand that it has shut...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/PTTGC-shuts-down-aromatics-complex-for-unscheduled-repairs-and-maintenance_72714.html
August 4, 2015
Europe's styrene barge contract price for August has settled at €1,300/m.t., a decrease of €25 from the July price of €1,325/m.t., pulled lower by the twin-bear factors...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/August-styrene-barge-contract-falls-in-Europe-on-lower-feeds-spot-pressure_72734.html
August 4, 2015
The US July ethylene contract settled at 32.75 cts/lb on 3 August, losing 1 ct/lb from the June contract price of 33.75 cts/lb. The decline comes on the back of continued ample supply...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/US-July-ethylene-contract-declines-for-second-consecutive-month_72712.html
August 4, 2015
Mosaic reports second-quarter net earnings of $390.6 million, 57.2% higher year-on-year, on higher phosphate volumes and potash prices, partially offset by Canadian resource taxes...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Mosaic-tops-estimates-on-higher-phosphate-volumes_72728.html
August 4, 2015
Panca Amara Utama (PAU; Jakarta) has broken ground on an $830-million, 700,000-m.t./year ammonia plant to be built in Luwuk, Central Sulawesi, Indonesia. PAU first announced the project 2012 and planned to bring it onstream in 2014. Startup is currently slated for late 2016....
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Panca-Amara-Utama-breaks-ground-on-$830-million-ammonia-plant-in-Indonesia_72710.html
August 3, 2015
Toluene contracts for August have settled in Europe at $745/m.t. fob Rotterdam, $35–40 lower than the July settlement. Discussions for this month appeared to be fairly...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/toluene/Europe-toluene-August-contract-settles-lower_72698.html
August 2, 2015
CF Industries has completed the acquisition of the shares it did not already own in GrowHow UK from Yara International for $580 million in cash. GrowHow owns and operates nitrogen...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/CF-Industries-completes-acquisition-of-GrowHow-UK-from-Yara_72676.html
July 31, 2015
US second-quarter propylene production and inventories for 2015 were up over the year-ago period, according to data released on Friday from the American Fuel & Petrochemical...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/US-propylene-production-up-in-second-quarter_72673.html
July 31, 2015
Casale (Lugano, Switzerland) has been awarded fertilizer contracts in India and Russia. Under the terms of its contract with Zuari Agro Chemicals (India), Casale will provide basic...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Casale-awarded-fertilizer-plant-contracts-in-India-and-Russia_72645.html
July 31, 2015
TerraVerdae BioWorks (Edmonton, AB) has completed the scale-up optimization of its process to produce biodegradable polyhydroxyalkanoate (PHA) bioplastics from waste-derived methanol...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Bioplastics-start-up-optimizes-waste-methanol-to-PHA-process-scales-up-for-commercial-deployment_72643.html
July 31, 2015
Maire Tecnimont (Rome) says its Tecnimont (Milan) subsidiary has been awarded an engineering, procurement, and construction contract by Yara International for a urea granulation...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Yara-awards-EPC-contract-to-Tecnimont-for-Dutch-urea-plant_72642.html
July 31, 2015
IHS Chemical says that PTT Global Chemical (PTTGC; Bangkok) has declared force majeure following the unscheduled shutdown of its No. 2 aromatics unit at the company's Map Ta Phut...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/PTTGC-declares-force-majeure-on-aromatics-at-Map-Ta-Phut_72637.html
July 31, 2015
The benzene contract price for August has initially settled in Europe at $853/m.t. or €779/m.t., representing a decrease of $29 or €13 on the July level.     The...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Initial-Europe-August-benzene-contract-down-$29m-t-_72651.html
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